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Author Archives: Popular Economics Weekly
Why Have Republicans ‘Dumbed Down’ So Many?
ANSWERING the KENNEDYS CALL What is the reason Republicans have become the party of anti-intellectuals? The danger is that it may drown out any intelligent discourse about the most important issues of our day. It’s driving at least one of … Continue reading
Posted in Politics
Tagged democracy republican party, Donald Trump, news, Politics, Republicans, Trump
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No More Inflation?
Financial FAQs The Fed is no longer worrying about inflation, since its preferred inflation gauge, the Personal Consumption Expenditure Index (PCE), recently dropped to a 2.2% inflation rate, close to the 2.0% target rate. Fed Chairman Powell said recently the … Continue reading
LUCKY LOSER–Part II
A Distrust of the Truth Born to a rich father who made him the beneficiary of his own highly lucrative investments, Trump received the equivalent of more than $500 million today via means that required no business expertise whatsoever. Random … Continue reading
Posted in Economy, Politics, Weekly Financial News
Tagged Donald Trump, fake-news, news, Politics, Trump
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US Growth Full Speed Ahead?
Popular Economics Weekly Any signs of a recession are declining. The U.S. economy is picking up speed in the BEA’s third and final revision of second quarter GDP growth. The U.S. economy has held the 3.0 percent growth rate, mostly due to strong consumer … Continue reading
Posted in Consumers, COVID-19, Economy, Weekly Financial News
Tagged consumer spending, economics, Economy, finance, GDP growth, india, inflation, interest rates
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Our Housing Problem
The Mortgage Corner We know we have a housing shortage, but not how to fix it. Politicos are finally beginning to take notice because of the damage that has been done—especially to working Americans who can no longer afford a … Continue reading
The Confused Consumer
Financial FAQs The Conference Board’s index of consumer confidence sank to 98.7 this month from a revised 105.6 in August the Conference Board said Tuesday. Consumer confidence dropped in September to near the bottom of the narrow range that has … Continue reading
LUCKY LOSER: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success
Answering Kennedy’s Call Born to a rich father who made him the beneficiary of his own highly lucrative investments, Trump received the equivalent of more than $500 million today via means that required no business expertise whatsoever. A new book … Continue reading
Posted in Politics, Uncategorized
Tagged Donald Trump, news, Politics, republican party, Republicans, Trump, trump bankruptcies, Trump Casinos and Hotels
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Retail Sales Slowing
Financial FAQs Breaking News: The Federal Reserve just announced it’s first rate cut of 0.50%, which lowers its Fed Funds rate from 5.25% to 4.75%. Advance estimates of U.S. retail and food services sales for August 2024, adjusted for seasonal … Continue reading
Posted in Consumers, COVID-19, Economy, Macro Economics, Politics, Weekly Financial News
Tagged Economy, Federal Reserve, finance, FOMC, inflation
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Immigrants Drive Republicans Crazy!
Answering Kennedy’s Call The stakes are enormous if Republicans succeed in removing most of the estimated 11 million undocumented workers (only half of which are from Mexico and the Latin countries), and cut legal immigration in half, as they have promised to … Continue reading
Posted in Uncategorized
Tagged Donald Trump, GDP growth, Great Recession, immigration, JD vance, maga republicans, news, Politics, Trump
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HOW I LEARNED TO TRAVEL
A Memoir By Sherry Keith How I Learned to Travel, available on Amazon, is more than a travelogue, it’s an adventure story of a life of travel lived to the fullest, with an insatiable curiosity about new peoples and places. … Continue reading
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